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What are the disclosure laws regarding a “Rebuilt” vehicle in Illinois?

April 26, 2017disclosure Illinois Laws rebuilt vehicle

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What are the disclosure laws regarding a “Rebuilt” vehicle in Illinois?

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Licensed dealers in Illinois must disclose to a purchaser of a vehicle if the vehicle is a “REBUILT” vehicle. A rebuilt vehicle is a vehicle that was involved in a flood or was a salvage vehicle. Dealers do not have to disclose that the vehicle was involved in an accident.